A central bank official said the new rate took effect from 1 April and applied to short-term deposits of up to 12 months at both local and foreign commercial banks.
The 10-percent ratio had been effective since December, when it was cut from 15 percent, a move bankers said would help ease dollar supply problems.
The central bank
- BoE revamps expenses rules after criticism from MPs
- Draghi warns of downside risks as ECB ends net asset purchases
- Book notes: Macroprudential policy and practice, edited by Paul Mizen, Margarita Rubio and Philip Turner
- Central banks turn to visual communication in 2018
- Five central banks and supervisors join environmental group